Liner Shipping

Genco Shipping & Trading Limited and Baltic Trading Limited Announce Shareholder Meetings to Approve

PR Newswire | June 15, 2015 | Liner Shipping

The combined company expects to further extend its leadership position in drybulk shipping and own a combined fleet of 70 drybulk vessels with an average age of 8.8 years and an aggregate carrying capacity of approximately 5,159,000 dwt, consisting of 13 Capesize, eight Panamax, 21 Supramax, four Ultramax, six Handymax and 18 Handysize vessels, after the expected delivery of two Ultramax newbuildings previously contracted by Baltic Trading. Read More »

NORDANA nominates Rickmers (Japan) Inc. as General Agent

AJOT | June 15, 2015 | Liner Shipping

NORDANA Project and Chartering (NPC) and Rickmers (Japan) Inc. are pleased to announce jointly that Rickmers (Japan) Inc. was nominated as sole General Agent of NORDANA Project and Chartering in Japan effective from 15 June 2015. Read More »

G6 Alliance announces Asia/North America service enhancements

AJOT | June 15, 2015 | Liner Shipping

In response to market demand, members of the G6 Alliance today announced service enhancements in the Asia – North America (Pacific Southwest) trade. Read More »

Second small oil tanker hijacked in Malaysia this month

Reuters | June 15, 2015 | Energy | Maritime | Liner Shipping

A small oil tanker was hijacked off the southeast coast of Malaysia over the weekend in the second such incident in the same area this month, raising further concerns over piracy in Southeast Asia, maritime officials said on Monday. Read More »

Maersk and partners to invest $1.5 bln in Ghana port terminal

Reuters | June 13, 2015 | Liner Shipping | Ports & Terminals | Terminals | Terminal Operator

Danish shipping group A.P. Moller-Maersk said on Friday its APM Terminals unit would together with partners invest $1.5 billion to upgrade its Tema port terminal in Ghana and add 3.5 million TEUs in annual throughput capacity. Read More »

Video: Crowley Honored with Third TMSA Compass Award of Excellence

AJOT | June 12, 2015 | Liner Shipping

Crowley Maritime Corp. has been honored with a third Transportation Marketing and Sales Association (TMSA) Compass Award of Excellence, this time for the company’s biannual Connections Magazine, in the Marketing and Sales Collateral category. Read More »

Diana Shipping Inc. Announces Direct Continuation of Time Charter Agreement for m/v Leto With Cargil

GlobeNewswire | June 12, 2015 | Liner Shipping

Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Leto Read More »

MOL establishes ‘MOL Auto Carrier Express’ as a global brand

AJOT | June 11, 2015 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. has announced the establishment of “MOL Auto Carrier Express (MOL ACE)” as global brand in the car carrier service, which is one of its major business fields. MOL will start to use “MOL ACE” beginning July 1, 2015. Read More »

Chiarello, Cox and McKenna named 2015 USS Admiral of the Ocean Sea Award recipients

AJOT | June 11, 2015 | Liner Shipping | Ports & Terminals

The United Seamen's Service (USS) 2015 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Anthony Chiarello, President and CEO of TOTE; Matthew J. Cox, President/CEO of Matson Inc.; and James C. McKenna, President and CEO of Pacific Maritime Association. Read More »

Target Ship Management to Expand Its Business

PR Newswire | June 10, 2015 | Liner Shipping

MUMBAI, India, June 10, 2015 /PRNewswire/ -- Target Ship Management India (TSMI), a Human Resources company established in the year 2013, is growing fast with its dedicated employees and is now on a growth path with a pool of talent of seafarers and extended business opportunities for ship owners all over the world; with all kinds of vessels to be a part of the expanding family of TSMI.

Read More »

Plenty of phish in the sea, warns ECS Global Security

AJOT | June 10, 2015 | Liner Shipping

Advancement in broadband technologies and the move towards ‘Big Data’ will leave the maritime industry vulnerable to cyber-crime unless it develops a better awareness of ICT security and adopts security best practice, warns ESC Global Security’s head of cyber security division, Joseph Carson. Read More »

Chemical shipping fortunes lifted by swing ships

AJOT | June 10, 2015 | Liner Shipping

Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Read More »

Soechi Lines hires Deutsche Bank for proposed dollar bond debut

Reuters | June 09, 2015 | Liner Shipping

Indonesian shipping company Soechi Lines has mandated Deutsche Bank as sole bookrunner for meetings with fixed-income investors ahead of a debut offering of US dollar bonds. Read More »

Seattle protesters seek to block access to Shell Arctic drilling rig

Reuters | June 09, 2015 | Energy | Discovery | Liner Shipping

A group of protesters gathered at the Port of Seattle on Tuesday seeking to block workers attempting to reach a Royal Dutch Shell drilling rig that could depart this week to resume fossil fuel exploration in the Arctic. Read More »

Houston Pilots Look Forward to Reviewing NTSB Findings Into 2014 Barge-Ship Collision

Marketwired | June 09, 2015 | Liner Shipping

The collision resulted in an oil spill and partial closure of the Houston Ship Channel, one of the nation’s busiest waterways. Read More »

Sino-Global receives first payment under two-year time charter agreement

PR Newswire | June 09, 2015 | Liner Shipping

Sino-Global Shipping America, Ltd (NasdaqCM: SINO) ("Sino-Global" or the "Company"), a Virginia company engaged in shipping, chartering and related services, today announced that it received the first payment under a previously reported time charter agreement, in the amount of $113,500 covering the 15-day period starting May 20, 2015. Read More »

Hapag-Lloyd will resume the Gulf Bridge Service (GC2)

AJOT | June 08, 2015 | Liner Shipping

Be advised that Hapag-Lloyd will be resuming the Gulf Bridge Service (GC2) Read More »

Diana Shipping Inc: Signs time charter contract

Reuters | June 08, 2015 | Liner Shipping

Enters time charter contract with China Shipping Bulk Carrier Co Ltd, Hong Kong, for Panamax dry bulk vesse Read More »

Diana Shipping Inc. Announces Time Charter Contract for m/v Calipso With China Shipping

GlobeNewswire | June 08, 2015 | Liner Shipping

The gross charter rate is US$6,000 per day, minus a 5% commission paid to third parties, for a period of minimum ten (10) months to maximum fourteen (14) months. The charter is expected to commence tomorrow. Read More »

Swire Shipping and Rickmers-Linie form strategic partnership in India and Middle East

AJOT | June 08, 2015 | Liner Shipping

Connecting more than 12 ports; Monthly multipurpose service with lifting capacity of up to 120 metric tons Read More »